Positives The book is highly regarded for providing significant historical insight into the development of shadow banking and its rise as a major financial technology player in China. Readers appreciate the author's investigation, which goes beyond surface appearances to reveal the true complexities and underlying realities of the industry. The book is also commended for offering great insight into the primary drivers behind these financial phenomena.
Negatives However, the review notes some areas for improvement. It is mentioned that the book does not thoroughly explain the pros and cons of shadow banking. Furthermore, the reviewer expressed a desire for the author to explore the potential for these issues to be replicated in other countries and to discuss the broader consequences, aspects that were not adequately covered.
Conclusion Overall, this book appears to be a valuable resource for readers interested in a detailed historical and investigative look into China's financial technology and shadow banking sector. It would particularly appeal to those seeking to understand the specific dynamics and drivers within the Chinese context, though readers looking for a broader global perspective or a deep dive into the ethical implications of shadow banking might find it less comprehensive in those areas.
